Pax AI
Latest round
- Seed
Last raised
- Apr 2025
Total raised
- $4.5M
Investors
- 8
About Pax AI
Pax AI specializes in automating duty drawback services through advanced AI algorithms.Pax AI specializes in delivering an innovative, AI-powered duty drawback solution designed to streamline and maximize the recovery of duty payments for various stakeholders, including brokers and claimants. The company's core offering employs proprietary algorithms that meticulously analyze data to identify the maximum recoverable duties for clients, ensuring they reclaim every dollar possible while also expediting payment processes. This service is particularly beneficial for businesses engaged in international trade, where duty refunds can play a critical role in cash flow management. Pax AI's technology addresses challenges such as the complexities of duty filing and the stress associated with audits by providing continuous drawback services that simplify these processes.Pax AI generates revenue primarily through subscription-based models and partnerships, catering to a B2B clientele that includes both brokers and claimants within the international trade industry. Clients typically engage with Pax AI's services by subscribing to their platform, which offers a range of features designed to facilitate seamless duty drawback filings and management. Revenue is structured around the subscription fees for access to the AI-driven platform, which enables users to harness the capabilities of the proprietary algorithms. This strategic pricing model is aimed at providing value through enhanced refund maximization and time savings. Future product launches are being designed to further improve duty drawback functionalities, with plans for geographic expansion focusing on increased presence in Europe and Asia by 2026.
Who invested in Pax AI
8 investors across 1 round
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Funding rounds
Seed
Apr 9, 2025
Amount
$4.5M
Investors
Questions about Pax AI
Who invested in Pax AI?
Pax AI has 8 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Pax AI raised?
Pax AI has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Pax AI last raise money?
Pax AI's most recent round on record is a Seed, in Apr 2025.
What does Pax AI do?
Pax AI specializes in automating duty drawback services through advanced AI algorithms.
Where is Pax AI headquartered?
Pax AI is headquartered in San Francisco, US.
Which VCs invest in companies like Pax AI?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Pax AI's stage. Their profiles are linked below.
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